The reality of central banking is smacking far too many who did not and would not see this coming. The creation of fiat currency (money backed by noting) out of thin air is going to eventually cause a major problem. But the solution is guaranteed to be be far worse.
Import prices are rising at the fastest rate since 2011, and that is adding to the panic many people are already feeling. After rent, groceries, and utilities, the amount of disposable income is going into the negative for many. They will have to cut costs, buy lower quality food or less of it, and figure out a way to scrape by while corporations and billionaires continue to rack in record profits.
This has been happening for a long time, but the coronavirus pandemic and the lockdowns ensured that this would snowball and end up with an upset populace over an economy that’s in the toilet.
The cost of imported goods climbed again in May as consumers used up all their stimulus money and were unable to spend more. Import prices have climbed 11.3% over the past 12 months to mark the fastest pace since 2011.
This has contributed to the biggest flareup in U.S. inflation in more than a decade. And the Federal Reserve insists will die out once the economy fully returns to normal. They continue to describe this inflation as “transitory.”
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It will not be. We should all know that. This will worsen until the problem forces people to react in fear and demand the central banks (who caused the problem) do something to fix it. But the solution is much more dystopian and scarier than even hyperinflation. They will propose a CBDC (central bank digital currency) and what little is left of your freedom and sovereignty as a human being will be gone in an instant.
But people will demand this solution because the problem will be so “bad.” Watch for the words the central banksters say. They will attempt to sell us a digital dollar that they own and control. If we even pretend that we will allow them to do this to us, we will be tracked, traced, surveilled, and stolen from, and even cut off they don’t like so much as a statement you thought you made in a private conversation.
We all need to realize what is coming so we have the opportunity to prepare for it and not live afraid of it. If we can face reality, we can change the course of history. If we cannot, we can only comply and change our behavior to become whatever those in power want us to.
What we are facing is serious. Central banking is a control mechanism to force the populations to comply with whatever those in power decide. Giving the banks more power is not the solution to our oppression. We need to be bold and brave and speak against the control some people think they have over others.
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